Plan Ledger DOL Form 5500 · updated monthly

Urology Specialists of the Carolinas, PLLC401(k)

UROLOGY SPECIALISTS OF THE CAROLINAS, PLLC 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
1.20%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Urology Specialists of the Carolinas, PLLC reported $348,183 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,803 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 1.12% to 1.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 570th-largest of 2,005 plans among North Carolina employers on file, and the 2,789th of 11,911 in health care & social assistance. In 2024, the employer put in $1.49 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$29,843,515
Participants with balances130
Active participants116
Employer contributions$789,186
Employee contributions$530,031
Employer contribution per active participant$6,803
Average account balance$229,566
Benefits paid to participants$3,522,236
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 130 accts · $789K emplr
2023$28.2M · 128 accts · $805K emplr
2022$25.3M · 142 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,299
Investment management$274,884
Total administrative$348,183
The Urology Specialists of the Carolinas, PLLC 401(k) match · 2024
Employer contribution per active participant$6,803
Median for plans this size$2,416
2024$6,803 per active participant
2023$7,811 per active participant
2022$9,661 per active participant

Urology Specialists of the Carolinas, PLLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA FIN.LIFE INS.CO. · Recordkeeping · Loan processing$19,758
TRINITY PENSION GROUP, LLC · Recordkeeping · Loan processing$8,349
MY BENEFITS, LLC · Recordkeeping · Loan processing$1,680
RAYMOND JAMES FIN. SVS. ADVISORS · Investment advisory (plan)$43,512

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024MY BENEFITS, LLC, TRINITY PENSION GROUP, LLC, Transamerica
2023TRINITY PENSION GROUP, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Urology Specialists of the Carolinas, PLLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$348,183 · 1.20%
2023$324,981 · 1.21%
2022$312,599 · 1.12%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Everyage NC$29.0M · 0.74%
Morganton Eye Physicians PA NC$28.6M · 0.24%
Telamon Corporation NC$27.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562107759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.